Many opportunities to export tea to the Australian market
Australia
Published May 6, 2021
Tridge summary
Tea consumed in Australia is mainly imported due to climate conditions in Australia that it is not possible to grow tea. Therefore, there are many opportunities to boost tea exports to the Australian market. However, Vietnam only supplies a very small amount of tea to this market.
Original content
Source: Nhandan.com.vn According to statistics from the International Trade Center (ITC), Australia's tea imports in the period 2016-2020 grew by an average of 0.6% / year. In 2020, due to the impact of the Covid-19 epidemic, Australia reduced tea imports, reaching 13.18 thousand tons, worth US $ 102.25 million, down 6.3% in volume and 3.2% in value compared to that of year 2019. The average import unit price of Australian tea in 2020 reached 7,760 USD / ton, an increase of 3.3% compared to 2019. In January 2021, Australia's tea imports reached 1.4 thousand tons, worth 12 , USD 06 million, up 26.8% in volume and 42.5% in value compared to January 2020. Average import unit price of tea reached 8,570.3 USD / ton, up 12.4% compared to January 2020. In terms of market, January 2021, Australia imported the most tea from India, Sri Lanka, United Arab Emirates, Indonesia and China. Total imports from these five markets accounted for 84.5% of total imported tea from Australia in January ...
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